The winning tickets will be drawn at N.J. Lottery Headquarters on Dec. 31 and not during the New Jersey Network's daily televised broadcast.

How will the winners be determine? who will do the drawing? And will anyone of the public see the drawing?

Georgia is doing the same thing and the details are listed below 

4 tickets will win $1 million each!
5 tickets will win $100,000 each!
500 tickets will win $1,000 each!

Odds of winning $1 million are 1 in 125,000

What is the Millionaire Raffle?

Millionaire Raffle is a new and exciting, limited-time game from the Georgia Lottery that creates four new Georgia millionaires in time for the New Year! With the best odds ever of winning $1 million from the Georgia Lottery, 1 in 125,000, Georgia Millionaire Raffle tickets are expected to be a hot ticket this holiday season. A computerized drawing on New Year's Eve will randomly select four winners of $1 million each (cash prize), five winners of $100,000 each, and 500 winners of $1,000 each from the limited group of 500,000 raffle tickets to be sold.

How do you play Millionaire Raffle?

Tickets for Georgia's Millionaire Raffle can be purchased beginning on November 19, 2006 at 5:00am at any Georgia Lottery retailer throughout the state of Georgia. A total of 500,000 raffle tickets will be printed and sold in numeric order until they are sold out. There are no playslips for Millionaire Raffle.

How many winners are there in the New Years Eve drawing?

There will be four winners of $1 million each (cash), five winners of $100,000 each and 500 winners of $1,000 each.

What are the odds of winning a prize in the Millionaire Raffle?

The odds of winning any prize in the Georgia Millionaire Raffle game are 1 in 982. The odds of winning one of the four $1 million prizes are 1 in 125,000. The odds of winning one of the five $100,000 prizes are 1 in 100,000. The odds of winning one of the 500 $1,000 prizes are 1 in 1,000.

When can I buy a Georgia Millionaire Raffle ticket?

Georgia Millionaire Raffle tickets go on sale on November 19, 2006. Tickets will be available until the 500,000 tickets are sold out. Don't miss out!

Can a player pick his/her own number?

No. Tickets will be sold in numeric order through the lottery terminal. There is no playslip or manual number entry involved in this game. Each Georgia Millionaire Raffle ticket will have a unique number - there will not be any repeat or duplicate ticket numbers.

How much does a Georgia Millionaire Raffle ticket cost?

Each Georgia Millionaire Raffle ticket costs $20.

When will the drawing take place?

The Millionaire Raffle will take place on December 31, 2006. Draw results for the $1 million and $100,000 prize levels will be announced during the 6:59pm CASH 3 Evening drawing on December 31, 2006.

In the event that all 500,000 raffle tickets are not sold by December 30, 2006, the GLC may extend sales and the drawing date until all tickets are sold.

How will the winning raffle tickets be selected?

The GLC is very serious about the security and integrity of our games. The winning numbers will be selected by a computerized random number generator. The random number generator software has been certified using widely accepted statistical analysis formulas by Gaming Laboratories International, an outside gaming device and systems testing laboratory. As with all Georgia Lottery drawings, representatives of the Georgia Lottery Corporation's Security Department and an external auditor will be present to conduct and certify the drawing.

Can a Millionaire Raffle ticket be canceled?

No. Millionaire Raffle tickets cannot be canceled.

Georgia Millionaire Raffle tickets make great holiday gifts!

Looks like lots of states are jumping on the bandwagon that Pa. started a year ago.  I'm not a $20 raffle fan, despite it's charms, but do agree that if one is going to splurge $20 on lottery tickets at one time, scratch offs is the way to go, no matter what the denomination.

I do find it ironic, that when Pa. started it's original lottery in 1972, one of the things I heard quoted is that one of the intents of having a lottery in Pa. was to keep the money in the state, and not have people going to New Jersey to buy tickets."  At the time, there were only maybe 3 other states (NY and NH being the others).  And if anyone remembers, that first Pa. game was really unique in that the winning combinations were not as straightforward as New Jersey's (and New York's).  Fortunately the second game (after the flood) was better, best being the Cash 50, last of the pre printed tickets. 

Se what comes around must go around,  Perhaps a return to the 70's with a weekly or monthly raffle, perhaps costing much less, ($1 to $5 )  Sell limited 1 Million tops tickets.  Winning determined by  matchin  all 6 top prize, first or last 5, 4, 3, and maybe 2 win smaller prizes?  Why not?  It would depend how fast ticket quota would sell; but the $20 tickets seem to go fast enough to have drawing sooner.  Pick numbers on live TV mechanically; (Before TV daily number, does anyone else remember how PA picked it's first 50 cent games?    I did.  It was a regular site, drawn as a stage show in various venues around the state with some unique gadgets, envelopes, and spinning wheels. 

Good luck to all.

the rules are listed on the NJ website. Just click on the appropriate link to game rules for the drawing.

http://www.state.nj.us/lottery/games/1-9-1_million$_ny_rules.htm

Hopefully this is an okay link to paste on this page as its relevant to your concern.

Am glad they have this in nj.

I am assuming the drawing is computerized because how else would it be done? Being a SIX-DIGIT number (I guess 000001 thru 500000), it would be impossible to use a draw machine (you might if you had 5 digits and one of them was only 0 thru 4), and with 500,000 tickets it would be difficult to have a person pick it from some giant drum. The only practical way is a RNG and thus you wouldn't see much if they showed it to the public. I just hope they only use this RNG for the Raffle game and nothing else.

As for scratch-offs, the odds might be a lot higher. At least with this one you KNOW THAT on Dec. 31 someone will win something.

One thing though. I read that in PA there were dozens of unclaimed tickets for smaller prizes (i.e. $1000), which is quite a few. People bought it and forgot about it later on. Pin the thing on your refrigerator or somewhere you'll remember to check it over a month from now!

GEEZ...and I ripped on Michigan for such a lame rip-off ..I mean raffle.... nj is only 4 -1 mill prizes  only 5 - 100,000 and only 500 - 1000...this is really a rip-off...michigan has 5 -million (annuity)..10 -100,000 and 750 - 1000...but i guess it is what it is...a raffle

Yes, I also figured the FL Raffle has to be computerized.  After all, they are picking 10 millionaires and 20 $100,000 winners and 100 $10,000 winners.  I doubt if they will spend the time picking the winners one by one. Also, since the 6 digit number is being "randomly" chosen by the terminal and I'm assuming it's also silmutaneously entered into the drawing. How does the player know this is being done?  I guess like the electronic voting machines, you just have to keep the faith that your information is being processed!